-- Connecting the dots between our economy, government and business --
Summary and audio linked here.
Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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Jail Lee for voter fraud, confiscate his salary for a years worth of breaking the law and send him back to TX after he serves the two hour sentence he will likely receive.
I would like to know what Jason Lee does to earn $189k per year.
Well if he lives in Texas more than half the year, I can tell you what he doesn’t do. He doesn’t pay state income tax on the $189,000.
Come on. He probably voted in Chicago too. Several times. What’s news about that? Its the Chicago Way.